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Refer to Exhibit 18.3. Compute the Jensen Measure for the BBB fund. Exhibit 18.3 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Consider the data

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Refer to Exhibit 18.3. Compute the Jensen Measure for the BBB fund.
Exhibit 18.3 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Consider the data presented below on three mutual funds and the market. Standard Fund Beta Deviation (%) Return (%) AAA 0.75 7.0 BBB 1.05 5.0 18 CCC 0.89 8.0 20 Market 1.00 8.0 12 Rr(%) 3 3 3

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